FAIRMEAD, SHRIPNEY ROAD, BOGNOR REGIS, PO22 9NZ - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FAIRMEAD is a midsized extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £315,000 in June 2011, which was around 2% above the average June 2011 detached price in the Arun local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

FAIRMEAD Sold Prices

Land registry data shows two sales for FAIRMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two FAIRMEAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 17 JUN	£315,000	£309,200	2% above HPI
1995 2 MAY	£106,000	£93,614	13% above HPI

FAIRMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two FAIRMEAD sales from May 1995 and June 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1995 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FAIRMEAD?

FAIRMEAD is 160m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses in Shripney, based on EPC data. The below chart shows the distribution of detached houses by size in Shripney, and where FAIRMEAD lies on this distribution: 56% of detached houses are smaller than FAIRMEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Shripney.

FAIRMEAD: Plot and Title Map

FAIRMEAD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of FAIRMEAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FAIRMEAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FAIRMEAD?

FAIRMEAD is located on SHRIPNEY ROAD in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of FAIRMEAD on SHRIPNEY ROAD.